§ 679.601 Rights after default; judicial enforcement; consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes
§ 679.602 Waiver and variance of rights and duties
§ 679.603 Agreement on standards concerning rights and duties
§ 679.604 Procedure if security agreement covers real property or fixtures
§ 679.605 Unknown debtor or secondary obligor
§ 679.606 Time of default for agricultural lien
§ 679.607 Collection and enforcement by secured party
§ 679.608 Application of proceeds of collection or enforcement; liability for deficiency and right to surplus
§ 679.609 Secured party’s right to take possession after default
§ 679.610 Disposition of collateral after default
§ 679.611 Notification before disposition of collateral
§ 679.612 Timeliness of notification before disposition of collateral
§ 679.613 Contents and form of notification before disposition of collateral; general
§ 679.614 Contents and form of notification before disposition of collateral; consumer-goods transaction
§ 679.615 Application of proceeds of disposition; liability for deficiency and right to surplus
§ 679.616 Explanation of calculation of surplus or deficiency
§ 679.617 Rights of transferee of collateral
§ 679.618 Rights and duties of certain secondary obligors
§ 679.619 Transfer of record or legal title
§ 679.620 Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral
§ 679.621 Notification of proposal to accept collateral
§ 679.622 Effect of acceptance of collateral
§ 679.623 Right to redeem collateral
§ 679.624 Waiver
§ 679.625 Remedies for failure to comply with article
§ 679.626 Action in which deficiency or surplus is in issue
§ 679.627 Determination of whether conduct was commercially reasonable
§ 679.628 Nonliability and limitation on liability of secured party; liability of secondary obligor

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Terms Used In Florida Statutes > Chapter 679 > Part VI - Default

  • Abandoned property: means all tangible personal property that does not have an identifiable owner and that has been disposed on public property in a wrecked, inoperative, or partially dismantled condition or has no apparent intrinsic value to the rightful owner. See Florida Statutes 705.101
  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Devise: To gift property by will.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Forgery: The fraudulent signing or alteration of another's name to an instrument such as a deed, mortgage, or check. The intent of the forgery is to deceive or defraud. Source: OCC
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Law enforcement officer: means any person who is elected, appointed, or employed full time by any sheriff, any municipality, or the state or any political subdivision thereof; who is vested with authority to bear arms and make arrests; and whose primary responsibility is the prevention and detection of crime or the enforcement of the penal, criminal, traffic, or highway laws of the state. See Florida Statutes 705.101
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Local government: means the board of county commissioners of a county or the commission or council of any municipality in the county. See Florida Statutes 705.101
  • Lost property: means all tangible personal property which does not have an identifiable owner and which has been mislaid on public property, upon a public conveyance, on premises used at the time for business purposes, or in parks, places of amusement, public recreation areas, or other places open to the public in a substantially operable, functioning condition or which has an apparent intrinsic value to the rightful owner. See Florida Statutes 705.101
  • minor: includes any person who has not attained the age of 18 years. See Florida Statutes 1.01
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • person: includes individuals, children, firms, associations, joint adventures, partnerships, estates, trusts, business trusts, syndicates, fiduciaries, corporations, and all other groups or combinations. See Florida Statutes 1.01
  • Personal property: All property that is not real property.
  • Pleadings: Written statements of the parties in a civil case of their positions. In the federal courts, the principal pleadings are the complaint and the answer.
  • political subdivision: include counties, cities, towns, villages, special tax school districts, special road and bridge districts, bridge districts, and all other districts in this state. See Florida Statutes 1.01
  • Public property: means lands and improvements owned by the Federal Government, the state, the county, or a municipality and includes sovereignty submerged lands located adjacent to the county or municipality, buildings, grounds, parks, playgrounds, streets, sidewalks, parkways, rights-of-way, and other similar property. See Florida Statutes 705.101
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. Source: FDIC
  • Statute: A law passed by a legislature.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Verdict: The decision of a petit jury or a judge.
  • writing: includes handwriting, printing, typewriting, and all other methods and means of forming letters and characters upon paper, stone, wood, or other materials. See Florida Statutes 1.01